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Canadian bank files suit against Vick

DAVID NAYLOR

From Wednesday's Globe and Mail

Latest comment posted at 12:52 PM EST 26/09/07

RBC seeks repayment of $2.5-million loan secured by former Atlanta quarterback ...Read the full article

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  1. jake and pete from Canada writes: Please tell me why , someone need a loan with such a big contract.
  2. Bill Smith from Canada writes: Jake and Pete, the term is called "leveraging" and it is done everyday by anyone who borrows to do anything including credit cards, car loans, home mortgages. Bigger salaries mean larger loans to leverage (hopefully) into more money or better stuff (cars, lifestyle, homes etc). I hope this answers your question.
  3. William Moore from Canada writes: Gives a whole new meaning to "going to the dods" ...........
  4. Thumb Sucker from Canada writes: How many white quarterbacks did the Royal Bank sue this week? ZERO! Racism!
  5. Patrick M from Orangeville, Canada writes: Thumb Sucker from Canada writes: How many white quarterbacks did the Royal Bank sue this week? ZERO! Racism!

    LOL!!! I assume if a white quarterback was stupid enough to be involved in something like Mr. Vick has pleaded quilty to and a Bank doesn't call the note...........only then can you drop the Racism Card. Thanks for the laugh though!!
  6. Johnnie G from LONDON, Canada writes: hahahaah and the ship is truly sinking.......
    love the race card.
  7. Osman Aboul-Nasr, Proud Canadian from SC, United States writes: Am I being a skeptic, or would defaulting on that loan, and possibly others, be a part of the motive for the guilty plea? I did not think he was that good, to start with.
  8. J MENNO Night from Back 40ish Ontario, Canada writes: In my oppinion....

    Why is thr Royal Bank of CANADA funding an American???

    I guess he should have used the $$$ to propperly cover his trail.
    He uses his cousin, hig on crack and pumped full of more drugs than Shoppers D.

    Good to know that Canadian Banks are investing our money wisely!!

    So who else are they backing, Castro?
  9. woof woof from Canada writes: Vick was in trouble before the RBC loan. Poor judgement by RBC in the first place, to say the least.
  10. J Knight from Canada writes: If the loan to Vick etc was on Demand &/or in Default RBC did exactly what any other lender would do. This was a business decision and some of the other comments posted are rubbish unless these are factual which is most unlikely.
  11. A C S from peteyburraw, Canada writes: What a sad state of moral dilemma when a professional athlete has to turn in his jersey because of canine issues!(Vick) Did the fatal/violent/drunk crimes of athletes still sporting their team logo and representing their Professional league fade from the fan(atic)s Memory?! Do Dany Heatley, Kobe Bryant and Darryl Strawberry remain sport heros?! Human life would appear to be of less value than a dog's, in this case. ~
  12. BEN DOVER from WESTERN CANADA, Canada writes: Well atleast one thing is positive. the Royal Bank will "DOG" him untill they get their money.
  13. S B from Canada writes: why is this news? don't people default on loan covenants all the time? $2M is not a large amount

    the real issue is either the desire of people to demand this kind of trash from newspapers or newspapers catering to the lowest common denominator of society by reporting on these types of issues while millions die in parts of the world and those responsible are not held accountable by public opinion because paper editors are not doing their jobs.

    the concentration of media will only make us all a little bit dumber...
  14. Nick B. from Canada writes: J MENNO, perhaps you've overlooked the fact that RBC has a rather large banking operation (RBC Centura Bank) in the southeastern United States, which Mr. Vick lives and "works".
  15. Debra Clinton from Pickering, Canada writes: A C S from peteyburraw, Canada writes: What a sad state of moral dilemma when a professional athlete has to turn in his jersey because of canine issues!(Vick) Did the fatal/violent/drunk crimes of athletes still sporting their team logo and representing their Professional league fade from the fan(atic)s Memory?! Do Dany Heatley, Kobe Bryant and Darryl Strawberry remain sport heros?! Human life would appear to be of less value than a dog's, in this case. ~

    What kind of a statement is that??? If Dany Heatley, Kobe Bryant or Darryl Strawberry (white or black) had beaten, drowned, burned and/or viciously murdered countless innocent, helpless people - YES, they WOULD be just as angry! And just because something isn't HUMAN doesn't mean we have the right to brutalize and kill it!!!!
  16. harry carnie from Northern,B.C, Canada writes: Humans using dogs in fight to the death exhibits..how shocking. Are the dogs taught to use car bombs on each other?.....Oh that is right, THEY ARE DUMB ANIMALS..........on the the other hand what are we??

    Does any one think any bank worries about the character of whom they loan money to???(as long as they "are legal") Haw...haw!
  17. jay smith from oakville, Canada writes: banks love to give all kinds of loans to all these rich people and deny credit to not so fortunate ones.
    Good luck RBC in getting 1 cent out of him. There maybe tons of creditors before you who got greedy with his contract and lent him money.
  18. Joshua Laycock from Toronto, Canada writes: What a bunch of foolish comments. Banks lend money to people who need money and who are able to pay it back. Have a little mercy on the bank for not being able to see into the future and know that Vick might be using the money for illegal dog fights. Maybe you should have called them up and told them because obviously you knew he was a jerk before the rest of the world did. I guarantee that if the bank insisted on doing a deep investigation of how you live your life the next time you need a loan to get a mini-van you would be outraged and crying foul of your right to privacy.

    The only criticism of this whole thing is that these types of lawsuits really shouldn't be made public. Banks sue people all the time for defaulting on loans. We don't hear about those - so why should this incident be put out there for all to see?

    And the comment tying lending money to an American citizen to funding Castro - foolish.

    This is me shaking my head.
  19. Scott Walters from writes: I've got to agree with ACS on this one. I don't agree with what Vick did, but the guy is paying one heck of a price for it. I can't help but think the punishment vastily exceeds the crime. I mean bullfighters in Spain are heroes.
  20. uncle rukus from Mississauga, Canada writes: How much of these same banks have been funding terrorist activities or have drug barons bank accounts and look the other way. This seems again like a PR exercise and it started with Nike and now everyone who has associated with Vick are cleaning there hands of him. Seems like the piling on effect has started and you would think Vick was the President of Iran they way some are reacting to him.
  21. Richard Johnson from Charlottetown, Canada writes: It's nice to see this disgusting man end his professional life in gaol and in debt.

    As for the racism charge above: how ridiculous. Mr. Vick is now effectively unemployed and without an income. Of course the bank is going to want its money back. Ask the bank what would happen to your house if you lost your job and were going to gaol. I think they'd foreclose on your house regardless of the colour of your skin.
  22. Henry Allen from Toronto, Canada writes: I agree with Joshua Laycock's comments. A bank is in the business of lending money. Have you ever had a bank ask if you've hurt or killed a dog when you asked for a car loan or mortgage?
  23. Randy D from Canada writes: Amazing to watch the losers of society take every opportunity to whine about those they are jealous of. Be it a sports 'star' or a bank it is so obvious most of these people crawl around at such a low level they have absolutely no idea how the world works at a level anything above themselves. Sad. The more educated our society becomes, the dumber they get.
  24. James S from Copenhagen, Denmark writes: Wow, and I thought Globe & Mail readers were supposed to be smart and educated people??!!?? From the reader calling out the race card in the Vick case to the reader comparing lending money to Americans on par with supporting Castro, what the hell are you people thinking?!? Vick has pleaded guilty and is getting what he deserves and what any other person would. End of story.

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